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Pressure builds as 'exposed, overvalued' Australian banks fall

As big US technology stocks, from SpaceX to Alphabet, fell hard overnight, the broader market actually lifted higher. As hope of US-Iran peace talks rise, Australian shares may also today. But that may not include one of the market's most important engines, the big banks, which are falling steadily since the federal budget was handed down.

Watchlist: National Australia Bank, Alphabet, Getty Images

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